This auction has been canceled.
The property was pre-sold.
See: AUCTION RESULTS


PUBLIC AUCTION
At The Risk and Expense Of
The Defaulting Purchaser


"Maryland Enterprise Zone"


Masonry & Steel
INDUSTRIAL BUILDING
14,000± SF 0.84± Acre
Zoned M-2-1 - Clear Span Area

Photos of auction property
FRONT VIEW      SIDE VIEW      STREET SCENE

Sale On Premises
3834 LEWIN AVENUE
Off 4820 Reisterstown Rd.,
4 Blocks North of W. Cold Spring Lane
BALTIMORE CITY, MD 21215

CANCELED (pre-sold)
THURSDAY, FEBRUARY 8, 2007AT 11:00 A.M.

       NOTE: The information contained herein has been obtained from sources deemed reliable and believed to be accurate. However, no express or implied warranty is made as to the accuracy of these representations. Prospective purchasers are encouraged to consult with the appropriate government authorities regarding the permitted uses of the property and perform their own due diligence in advance of the auction. All dimensions and acreage contained herein are more or less.

GENERAL INFORMATION

LOCATION:

Convenient location, minutes from I-83, the Metro Subway Station and Downtown Baltimore. The property is situated in a re-development residential area, as well as being surrounded by commercial and industrial properties. The west side of the building borders the Western Maryland Railroad line and the Metro Subway line.

The neighborhood is located in the Maryland Enterprise Zone. Possible tax credits may be available.
For details, see: The Comptroller of Maryland's Web Site

LOCATION MAP

For directions from your location, visit:
http://www.mapquest.com/directions/main.adp

SITE:

The site fronts 152.05' along Lewin Avenue, has a rear lot line of 158.05', with depths of 200.49' and 280.34', comprising 0.839 acre, more or less.

BLOCK PLAT

SITE PLAN

Fully fenced yard area ideal for equipment and/or vehicle storage

Photos of auction property
YARD AREA PHOTO #1      PHOTO #2

Serviced by public water, public sewer and propane gas. Note: Natural gas is available to the building. It was previously pumped into the building, but the meters have been removed. The previous owners opted for propane gas to save on heating costs at the time.

ZONING:

M-2-1, general industrial. There are numerous permitted uses for the site, including automotive, manufacturing and fabrication, as well as warehouse.

For a list of permitted uses, see:
The Baltimore City Zoning Code Title 7 (pdf)

(Requires Acrobat Reader to view)
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BUILDING
DESCRIPTION:

Masonry and steel building, believed to be constructed in 1962 (according to tax records), comprising 14,000 square feet, more or less, described as follows:

Warehouse/Manufacturing building features 18' ceiling height, clear span floor area (no trusses or support beams), three drive-in rolling door bays (each 12' wide by 14' high); 1 and 3 phase electrical service; 400 watt metal halide lighting; central alarm system (monitored by Sonitrol); heavy load concrete flooring. The building is divided into two 7,000 square foot sections, separated by a concrete block dividing wall.

Front Section - Warehouse/Manufacturing area with 2 bay doors; office/shop area (740 square feet, more or less) - has gas forced hot air heat and central air, arranged with offices and shower/wash room. This section of the building has recently undergone extensive cleaning and painting.
Photos of auction property
INTERIOR PHOTO #1      PHOTO #2      LOCKER ROOM
AIR CONDITIONER (for office)

Rear Section - Currently used for storage with mezzanine area. This section has one bay door. Currently leased for $950/month, expiring July 31, 2007. A copy of the lease is available for inspection at the office of the Auctioneers.

ANNUAL REAL
ESTATE TAXES: 


$3,823

TITLE:

In fee simple; sold free and clear of all liens

BUILDING
INSPECTION:


On the day of the auction at 10:00 a.m.


TERMS OF SALE

       Deposit payable by certified or cashier's check of $25,000 will be required of the purchaser at time and place of sale. The deposit is to be increased to 10% of the purchase price within 24 hours at the office of the Auctioneers. Balance to be paid in cash within 45 days. If payment of the balance does not take place within the specified time, the deposit will be forfeited and the property may be resold at the risk and expense of the defaulting purchaser. Taxes and all other public charges and assessments, payable on an annual basis, including sanitary and/or metropolitan district charges, if any, to be adjusted for the current year to date of settlement and assumed thereafter by the purchaser. The property will be sold in "AS IS" condition, without express or implied warranty as to the nature and description of the improvements as contained herein; and subject to the rights of the existing tenant, and subject to easements, agreements, restrictions or covenants of record affecting same, if any. Purchaser assumes risk of loss from the date of sale forward. The purchaser waives and releases the Seller, the Auctioneers, and their respective agents, successors and assigns from any and all claims the purchaser and/or its successors and assigns may now have or may have in the future relating to the condition of the property, including but not limited to the environmental condition thereof. If the Seller is unable to convey good and marketable title, the purchaser's sole remedy in law or equity shall be limited to the refund of the deposit. Upon refund of the deposit this sale shall be null and void and of no effect, and the purchaser shall have no further claim against the Seller or Auctioneer. Cost of all recordation and transfer taxes to be paid by the purchaser. TIME IS OF THE ESSENCE.

NO BUYERS PREMIUM!

Broker participation is invited.
BROKER REGISTRATION FORM